This script is the perfect strategy for the all mighty shark-32 pattern. It shows the power tussle between demand and supply before either of them finally gives up.
This script is for custom candles based on an HMA calculation with a default period of 10 as well as an SMA of the close price, defaulted to 1 period to only show the current price. The purpose of the custom candles is to try and reduce noise from candles and help identify trends. These custom candles somewhat resemble Heikin-Ashi candles in their...
Uses 5 volume moving averages to change the candlestick color depending on how high above average volume is. The volumes plotted at the bottom of the chart are set to the same settings as the indicator, you can see the volume bars that stick higher above the orange moving average are a different color on the chart to the smaller ones. Any volume bar that is...
I've created a simple red/green candle counting script with a custom number of candles to look back on. Let me know if any bugs, issues, or suggestions.
READ:-Blue candle as boring/base candle and Black candle as explosive candle FInd two explosive candle (Black) where two base/boring (Blue) candles are in between. It will be marked as demand and supply zone. Those who leant demand and supply will find this indicator usefull for findin and marking zones. #When yuy find a Explosive candle , it become a potential...
This script detects the following candlestick patterns: Bullish Patterns: - Normal 3 Bar Fractal - Enhanced 3 Bar Fractal - Engulfing - Harami ( Inside bar ) - Bullrami (Altenate Bull Harami) Bearish Patterns: - Normal 3 Bar Fractal - Enhanced 3 Bar Fractal - Engulfing - Harami ( Inside bar ) - Bearami (Alternate Bear Harami) - Shooting Star How it works: -...
This script is for helping you to find bullish and bearish hammers.
Nice showing trend indicator , I recommend using with Renko chart on Renko
GRAB or TrendStrength Bars with Propulsion Dots and Highlights for Squeeze Pro, CCI-Arrows, and SlowStoch This indicator shows GRAB or TrendStrength candles and allows several moving averages to be displayed at the same time. It has arrows and diamonds above or below the candles to show CCI values above 100 or below -100 with the arrow pointing in the direction...
The indicator changes the color of boring candles to blue, this helps in identifying basing for Demand Supply Trading methodology.
Patterns makes parts of the many predictive tools available to technical analysts, the most simples ones can be easily detected by using scripts. The proposed tool detect the simple (vanilla) form of the ABCD pattern, a pattern aiming to detect potential price swings. The script can use an additional confirmation condition that aim to filter potential false...
Using this indicator allows you to indentify large candles directly in your stock chart at first glance. The algorithm of the indicator *Large Candles Checker v2* was optimized in this new indicator as well as it using the new pine script version v4. For backwards compatibility reasons this indicator is published as v2. Added tails and wicks (also referred to as...
This candle range comparison is similar to my original script Candle Range Compare . This script is to compares the size of open/close high/low and wick size side by side. This version of the script allows you to only show a chosen month of each year to compare. I hadn't even thought to try and vanish the part of the chart I'm not looking at. I'll consider...
Removing irregular variations in the closing price remain a major task in technical analysis, indicators used to this end mostly include moving averages and other kind of low-pass filters. Understanding what kind of variations we want to remove is important, irregular (noisy) variations have mostly a short term period, fully removing them can be complicated if the...
Visualizer of current or previous month(s), week(s) & days ranges Purpose: View last Monthly, Weekly, Daily, and/or a custom time interval OHLC, i.e. previously closed/confirmed or the ongoing higher time interval ranges Main configurations available: - 2 main reporting modes: View the current/ongoing M/W/D candles' OHLC (live, repaints) or report OHLC of last...
Very simple strategy based on consecutive candle count. Simple but can be very profitable if you know how to execute. Example: - Buy when consecutive up closes exceeds 3 - Sell when consecutive down closes exceeds 3 For a buy signal, if price closes higher within 5 candles, it is defined as a win. For a sell signal, if price closes lower within 5 candles, it...
This indicator marks Demand and Supply Zone on the chart based on various inputs. It also marks Boring candle in Blue colour & Explosive Candle in Black colour. Prior knowledge of Demand and Supply Zone is mandatory to use this indicator effectively. Kindly do your own math (based on your experience & knowledge) to identify the zones along with this indicator.
This Indicator marks Explosive candle (Black) and Boring Candle (Blue) on the chart based on various inputs like ATR Range, Legout Strength etc.